MILPITAS, Calif. – September 23, 2020 – Virtual Power Systems’ (VPS), the creator of Software-Defined Power®, has appointed Tom Hershner to head Investor Relations and join its executive team.

With more than 30 years of experience in strategic leadership in finance, Hershner is a co-founder and former Managing Partner of Baker Street Advisors, one of the largest boutique wealth advisory firms in the country, and Vice President at Goldman Sachs for more than a decade. Hershner will be responsible for the Company’s financial communications and shareholder outreach and will work closely with VPS’ executive team and Board of Directors.

“I am delighted to have Tom join the executive team. VPS has reached a very exciting stage of development and market penetration. Having Tom’s depth of experience and leadership will play a vital role in growing the company as we implement Software-Defined Power solutions globally,” said Dean Nelson, CEO of VPS.

“VPS is leading a transformation enabling data centers to significantly increase utilization of power in a smarter, more efficient way,” said Hershner. “I’m thrilled to join the Company and look forward to working with the investment community.”

For more information on how Software-Defined Power and Intelligent Control of Energy (ICE) platform enables the future of decentralized power, visit: virtualpowersystems.com

About Virtual Power Systems

Virtual Power Systems (VPS) is transforming how next-generation data center and cloud providers provision, manage and utilize power capacity with its ground-breaking Software-Defined Power® and Intelligent Control of Energy® (ICE) technology platform. VPS eliminates the need to over-provision power capacity to protect workloads from potential spikes and failovers. ICE dynamically adjusts power delivery as demand fluctuates across data center workloads, racks and servers. ICE enables data center and cloud providers to generate additional revenue within existing power and IT footprints while avoiding millions of dollars in capital investments and operating expenses.

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